Skip to main content

Consumer Electronics

  • Aaron's plans to create almost 1,000 jobs in U.S., Canada in 2011

    Atlanta -- Aaron’s said Tuesday that it plans to create nearly 1,000 jobs in the United States and Canada this year. The lease-to-own retailer said it has added 50 workers so far this year and is on schedule to hire 500 more based on current store opening plans.

    An additional 75 franchised stores is expected to create about 400 jobs.

  • Tilden Ridge Shopping Center

    A 400,000-sq.-ft., Wal-Mart Supercenter- and Lowe’s-anchored, regional shopping center opened on March 15 in Hamburg, Pa.

    Tilden Ridge Shopping Center, owned by West Conshohocken, Pa.-based Ironwood Property Group and leased by Metro Commercial Real Estate, was almost six years in the making, and features a site that shares a traffic signal with a 250,000-sq.-ft. Cabela’s store.

  • Gamers catch a break with trade-in program

    Even though Target’s efforts in the electronics area have been overshadowed of late by all the action in food and consumables, the company has consistently positioned itself to become a more relevant player in the space. The most recent example involves expansion of a trade-in program that coincides with the launch of the Nintendo 3DS hand-held gaming system. The product is a big deal due to some new technology that lets users experience 3D without the annoying glasses, but the product is expensive ($249), and that doesn’t included the added cost of games.

  • Construction to add 9,100 sq. ft. of new retail space at Seminole Shoppes

    Neptune Beach, Fla. -- Jacksonville, Fla.-based Regency Centers said it has started construction on an additional 9,100-sq.-ft. building at Seminole Shoppes, located in Neptune Beach, Fla., for six new side shops.

    Leases have already been signed with Hurricane Grill & Wings for 2,940 sq. ft. and TCBY for 1,400 sq. ft. in the new building, slated for completion in late spring.

  • GameStop gears up for Nintendo 3DS release

    GRAPEVINE, Texas -- The Nintendo 3DS is drawing quite a buzz, and GameStop announced that it will host events at more than 3,000 of its U.S. stores around the launch of the highly anticipated gaming device.

    The company is opening its stores early on March 27, the day the Nintendo 3DS becomes available. GameStop reported that 800 stores nationwide will open at 12:01 a.m. and more than 2,400 stores will open early at 9 a.m.

  • Staples got tablets

    FRAMINGHAM, Mass. -- Staples, which in February announced plans to positioned itself as a leader in technology, is now looking to become a leader in tablet computers.

  • Report: FAO Schwarz looks to extend Fifth Avenue lease

    New York City -- FAO Schwarz is seeking to extend the lease for its flagship store in Manhattan, almost three years after the landlord Boston Properties said the retailer would likely have to leave, Bloomberg reported. The store is located in the General Motors Building, on Fifth Avenue at the corner of 58th Street.

  • GameStop profit rises 10% in Q4, to open and close 200 stores

    Grapevine, Texas -- GameStop Corp. reported Thursday that net earnings for the quarter ended Jan. 29 rose 10.1% to $237.8 million, compared with $215.9 million in the year-ago period.

    Total sales increased 4.8% to $3.69 billion, from $3.52 billion. Same-store sales increased 2.6%.

    For the year, total sales increased 4.3% to an all-time high of $9.47 billion, in comparison to $9.08 billion in fiscal 2009. Same-store sales increased 1.1%. Net earnings increased 8.1% to a record $408 million.

X
This ad will auto-close in 10 seconds